Uber layoffs continue, this time it's 350 employees

CNET | 10/14/2019 | Dara Kerr
maddyb7 (Posted by) Level 3
Click For Photo: https://cnet4.cbsistatic.com/img/G7As2FQO_8o7YAWw6yrXKM5ZyDU=/756x567/2018/09/07/da59ac43-cd2f-48d6-bf3e-ef9f70d268b2/dara-khosrowshahi-ceo-uber-9435.jpg

Uber CEO Dara Khosrowshahi on stage at Tech Crunch Disrupt 2018 in San Francisco.

Uber announced it laid off another 350 employees on Monday from several teams across the company. This is the ride-hailing service's third round of layoffs over the past 10 weeks and brings the total number of people cut from its payroll to 1,185. Company CEO Dara Khosrowshahi said he intends for this to be Uber's final round of layoffs.

Days - Today - Khosrowshahi - Email - Employees

"Days like today are tough for us all," Khosrowshahi wrote in email to employees, which was first published by TechCrunch. "The [executive leadership team] and I will do everything we can to make certain that we won't need or have another day like this ahead of us."

During this round of layoffs, employees from Uber's self-driving car, global rides and platform, performance marketing, recruiting and Uber Eats divisions were cut. In the previsions two rounds, Uber laid off staff from its engineering, product and marketing teams.

Layoffs - Period - Uber - Footing - Company

The layoffs come during a rough period for Uber as it attempts to gain footing as a public company. After debuting on Wall Street in May, the ride-hailing service has...
(Excerpt) Read more at: CNET
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